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Econframe Bhd (XKLS:0227) Retained Earnings : RM60.90 Mil (As of Nov. 2024)


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What is Econframe Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Econframe Bhd's retained earnings for the quarter that ended in Nov. 2024 was RM60.90 Mil.

Econframe Bhd's quarterly retained earnings increased from May. 2024 (RM64.12 Mil) to Aug. 2024 (RM65.86 Mil) but then declined from Aug. 2024 (RM65.86 Mil) to Nov. 2024 (RM60.90 Mil).

Econframe Bhd's annual retained earnings increased from Aug. 2022 (RM41.68 Mil) to Aug. 2023 (RM54.81 Mil) and increased from Aug. 2023 (RM54.81 Mil) to Aug. 2024 (RM65.86 Mil).


Econframe Bhd Retained Earnings Historical Data

The historical data trend for Econframe Bhd's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Econframe Bhd Retained Earnings Chart

Econframe Bhd Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Retained Earnings
Get a 7-Day Free Trial 26.96 32.01 41.68 54.81 65.86

Econframe Bhd Quarterly Data
Aug19 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.24 62.63 64.12 65.86 60.90

Econframe Bhd Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Econframe Bhd  (XKLS:0227) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Econframe Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan 27A, Sungai Rasau Industrial Area, Kawasan 16, Kaw. Perindustrian Sungai Rasa, Klang, SGR, MYS, 41300
Econframe Bhd is involved in the provision of total door system solutions, Electronics and electrical systems and accessories and Solar energy products and system. Business is organized into two operating segments; Manufacturing Segment which consists of manufacturing of doors, door and window frames doors; Trading Segment which consists of Trading of doors and ironmongery, trading and provision of installation services for solar energy products and systems; and Investment holding which consists of Investment holding and providing full corporate and financial support to the Group. Substantial revenue comes from the Manufacturing segment.

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